335 St Kitts WayWinnabowNC28479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Winnabow at 335 St Kitts Way, Winnabow, NC, 28479 with 5% annual appreciation on a $340,000 basis while $2,490/mo rent supports operations. Total monthly income totals $2,490/mo and a $1,664/mo payment preserves $418/mo for cash returns. Annual cash flow comes to $5,016/yr on $112,710 deployed, and return on cash invested reaches 24.36% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,936 alongside rental yield of 8.79%. Five-year ROI measures 126.56% and total cumulative return in cash totals $142,650.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,490/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2006
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 28479, Winnabow, NC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,104 (100%) |
| Owner Occupied HU | 2,408 (77.6%) |
| Renter Occupied HU | 479 (15.4%) |
| Vacant Housing Units | 217 ( 7.0%) |
| Median Home Value | $344,408 |
| Average Home Value | $360,289 |
Housing Distribution
Address Breakdown
Residential
3,184
Single Family
3,120
Multi-Family
64
Businesses
79
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Magnolia Legacy Group • Keller Williams Innovate-Wilmington
Mls Name: Hive MLS
Mls ID: #100537389